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Definite-lived Intangibles

9 Months Ended

Sep. 27, 2021

Goodwill And Intangible Assets Disclosure [Abstract]

(7) Definite-lived Intangibles

As of September 27, 2021 and December 28, 2020, the components of definite-lived intangibles were as follows:

	Gross Amount		Accumulated Amortization			Net Carrying Amount		Weighted Average Amortization Period
	(In thousands)							(In years)
September 27, 2021
Customer relationships	$	397,500	$	(176,979	)	$	220,521		10.9
Technology		47,650		(17,852	)		29,798		9.5
	$	445,150	$	(194,831	)	$	250,319

December 28, 2020
Customer relationships	$	397,500	$	(150,142	)	$	247,358		10.9
Technology		47,650		(13,701	)		33,949		9.5
	$	445,150	$	(163,843	)	$	281,307

Definite-lived intangibles are amortized using the straight-line method of amortization over the useful life. Amortization expense was $9,658 and $11,510 for the quarters ended September 27, 2021 and September 28, 2020, respectively, and $30,988 and $33,400 for the three quarters ended September 27, 2021 and September 28, 2020, respectively. For both the quarter and three quarters ended September 27, 2021 and September 28, 2020, $1,384 and $4,151, respectively, of amortization expense is included in cost of goods sold.

Estimated aggregate amortization for definite-lived intangible assets for the next five years and thereafter is as follows:

	(In thousands)
Remaining 2021	$	10,191
2022		38,631
2023		36,713
2024		29,713
2025		25,397
Thereafter		109,674
	$	250,319